byPractical Law Commercial Transactions
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Maintained • New Jersey
Choice of law clause, also known as a governing law clause, that allows the contract parties to choose the substantive law of New Jersey to apply to the contract. The parties should review the choice of law clause together with the choice of forum clause, as New Jersey courts look to both provisions to determine whether to adjudicate the claim and what law to apply. This Standard Clause has integrated notes with important explanations and drafting tips.